Bitcoin Could Skyrocket by Nearly 2x Before Hitting Cycle Top, Glassnode Co-Founders Say – Here's Their Outlook
BTC Could Double Up Before Finding Cycle Top According to Glassnode's weekly report, Bitcoin's recent price movement has shown positive signs of a potential bull run. The report suggests that BTC has been forming a "double bubble" pattern, similar to the one seen during the 2013 and 2017 bull markets. This pattern could potentially lead to a significant price increase for BTC, possibly even doubling its current value. What is a "Double Bubble" Pattern? A "double bubble" pattern is a term used to describe the price movement of an asset that experiences two significant price increases within a short period of time. This pattern is seen as a positive indicator for future price growth, as it suggests a strong demand for the asset. What Does This Mean for Bitcoin Investors? For Bitcoin investors, this news could potentially mean a significant increase in their investment's value. If BTC does indeed follow the "double bubble" ...